Tag: UK

The UK’s Financial Conduct Authority (FCA) has issued a new strategy that is designed to improve the confidence consumers have to invest, with more regulations likely.

Despite the rising importance of cybersecurity, 70% of UK businesses have been the victim of a successful network security attack over the past year, according to new data commissioned by Barracuda Networks.

InsurTech software developer dacadoo has helped Foresters Financial design and launch a new service aimed at rewarding people for healthy lifestyles.

The UK’s Financial Conduct Authority (FCA) has issued a draft for a new power that would help it accelerate the process of removing regulatory permissions no longer used by financial services firms.

Homeppl, which helps property managers check their tenants and take out rent insurance, has reportedly collected $1.4m in funding.

MoneyHOP, a global banking platform aimed at Indian millennials, has reportedly nabbed $1.25m in its seed round.

UK challenger bank Atom Bank reportedly experienced an operating loss of £36m in the financial year ending March 2021, down from £46m in the previous year.

The UK’s Financial Conduct Authority worries many insurance firms are not prepared for upcoming product governance regulation changes.

InsurTech company Quotall has exceeded the target of its crowdfunding campaign, pulling in £356,581, at the time of writing.

Revolut has become the UK’s highest valued FinTech, after its $800m Series E puts its valuation at a colossal $33bn.